Entrewealth LLC Invests $381,000 in Microsoft Co. (NASDAQ:MSFT)

Entrewealth LLC acquired a new stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 905 shares of the software giant's stock, valued at approximately $381,000.

A number of other large investors also recently bought and sold shares of the business. Horizon Investments LLC boosted its holdings in Microsoft by 24.5% during the 4th quarter. Horizon Investments LLC now owns 38,478 shares of the software giant's stock valued at $16,218,000 after acquiring an additional 7,562 shares during the period. Advisors Asset Management Inc. raised its position in Microsoft by 1.2% during the 4th quarter. Advisors Asset Management Inc. now owns 286,446 shares of the software giant's stock valued at $120,737,000 after purchasing an additional 3,389 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Microsoft by 3.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 3,373,027 shares of the software giant's stock valued at $1,421,424,000 after purchasing an additional 114,892 shares in the last quarter. South Street Advisors LLC raised its position in Microsoft by 1.8% during the 4th quarter. South Street Advisors LLC now owns 78,860 shares of the software giant's stock valued at $33,240,000 after purchasing an additional 1,374 shares in the last quarter. Finally, Custos Family Office LLC raised its position in Microsoft by 51.1% during the 4th quarter. Custos Family Office LLC now owns 1,448 shares of the software giant's stock valued at $610,000 after purchasing an additional 490 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Insider Activity

In related news, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the sale, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This represents a 23.50% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 131,743 shares of company stock valued at $58,375,673. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT stock traded up $1.32 during mid-day trading on Thursday, reaching $458.68. The stock had a trading volume of 13,971,400 shares, compared to its average volume of 21,584,780. The business's fifty day moving average is $407.73 and its 200-day moving average is $414.89. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The firm has a market cap of $3.41 trillion, a price-to-earnings ratio of 36.93, a PEG ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.94 earnings per share. On average, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is presently 25.66%.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Tigress Financial lifted their target price on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Wells Fargo & Company lifted their target price on Microsoft from $500.00 to $515.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Barclays upped their price objective on Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Stifel Nicolaus upped their price objective on Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and a consensus target price of $513.13.

About Microsoft

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.